Hi Sandy.Often the easiest way to cover deposits, other than a personal cheque being acceptable to the real estate agent/vendor, is what is called a Deposit Guarantee from your bank. I have included a link to a PDF doc on how the CBA works its Deposit Guarantees and I am by no means endorsing the CBA product. It is just so you can understand the…[Read more]

Thanks Kong. Your real life example shows how even a little self-education like reading 'Rich Dad, Poor Dad" taught you enough fundamentals to pay yourself first and then delay that instant gratification for that even bigger 'high' of doing some good with your money that showed you how to have your money work harder for you and you just work…[Read more]

Hi Leo.You need to ask the experts and one of them is a good mate of mine. Feel free to send your questions to jim@investuspropertygroup.com.au Jim is an Aussie who helps Aussies with all the legalities if investing in the US of A.

Investing in areas that are property plump are great for investors whilst a resource boom is on. If it slows or turns south or simply dries up and the mining company pulls the pin, who's gonna buy or want to rent your IP? Timing is critical of when to buy and when to sell.

So true ibluedento, so true. Cheap, but ALOT of potential nasty there too!

Lot's of opportunities are there for the optimists out threre!

For all you novice investors PLEASE get yourself a copy of Australian Property Investor magazine and you'll get more knowledge than you'll know what to handle. It, like this forum, is a GREAT place to start your education!

Reasearch, Learn, Research some more then nike!

Well said Scott!

Touche' Scott

 Buy properties that appeal to renters? For your investment property to be successful you need tenants.  Therefore you must consider their needs so your investment property is always occupied. Shopping – make sure your investment has a large shopping centre within ten minutesLifestyle – lifestyle choices are also very important – look for par…[Read more]

PS Jamie.The now famous ' Young Gun' May edition of API magazine lists Davoran Park House median at $205K based on 105 sales and a median rental of $220/week.

Hi Jamie.Instant positive cash flow as the rents typically fall between $180 -$250/week. Because of the very low demographics – predominately retirees on an Aged Pension, tenants on DSP or Dole and very low wage earners- vacancy rates are never above about 0.8% Yes, always less than 1%. It ius just too cheap to rent almost anywhere else so they…[Read more]

Hi Cattaby.Terry is correct about the Black v Garnot NSW case but these were under what was considered exceptional circumstances. A Caveat is like a form of legal insurance and it as Terry suggested, a way for a lawyer to protect themselves and usually their professional indemnity demands they make mention of it to you. It doesn't hurt to have…[Read more]

Hi Robbie.You want to buy cheap then look no further than Davoran Park, Smithfield or parts of Elizabeth in Adelaide's northern suburbs. By cheap, I mean you can still buy a Torrens Titled 3 bedroom ex SA Housing Trust Duplex for under (YES, less than) $150,000. This section of Davoran Park is <moderator: delete language> but there is more and…[Read more]

Hi Robbie.Have a look at our website via the link below and have a look at the free video on the functions of our search engine. It's free, it's a hell'v alot cheaper than RP Data and there are no long term contracts. Have a look and you judge for yourself whether there is ANYTHING better on the market today that factors in so many search…[Read more]

Hi Wirraway. Can I purchase the property from myself once it goes on the market? and How?Yes, you can purchase the property yourself. Remember, the property in question is under multiple names with Lands Title Office so they're only interested in that the correct contractual 'sale of property and forms' have been met to transfer the existing Title…[Read more]

I always like a balanced perspective James – believe what one may but, make decisions based on the 'whole' – which means combining current empirical data and supposition with historical fact.

Hi PL.Unfortunately, when it comes to projects that involve larger developments with community type title's (or variatians thereof) your local Council is God. Local reulations may have changed since the original community title and structure were allowed or constructed. Unless you have a good property lawyer or someone in Town Planning you can…[Read more]

In the fifties we said the price of property could never go up because we’d lost half the male population due to World War II and a recession, yet prices doubled. In the sixties they said property prices would never rise again because of affordability and wages couldn’t keep up, but prices doubled. In the seventies they said prices cou…[Read more]